Brent crude traded near $78 a barrel after falling more than 3% in the previous session, while West Texas Intermediate hovered above $74.
Brent crude is trading near $78 a barrel, recovering slightly after a significant fall of over 3% in the previous session. West Texas Intermediate (WTI) is also hovering above $74. This movement follows news of Iran securing an oil sales waiver amid advancing peace talks.
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